Armstrong voted against building USDC before it generated ~$800M in revenue
Brian Armstrong · Brian Armstrong: When Washington Tried to Kill Coinbase · Mar 1, 2026 · at 1:14:28
Brian Armstrong discusses how Coinbase's decentralized funding model prevents leadership from accidentally vetoing breakout ideas like the USDC stablecoin.
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“There's actually been examples where I voted no on something and it turned out to be a massive success. And an example of that is like USDC, which is the stable coin. I actually, Embarrassed to admit, I voted no on that idea. Luckily, somebody else funded it out of their budget, and it's, I think in 25, we did like eight hundred million revenue off it or something.”
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